From Todd Shriber: Among the most repudiated single-country emerging markets exchange traded funds last year was the Global X MSCI Greece ETF GREK 1.37%.
From John Isaacson: Greece tapped international capital markets earlier this week with a 3-billion-euro, five-year bond offering.
From Taki Tsaklanos: It is time to buy the Greek stock market, as it could deliver above average returns in 2017 and 2018, says InvestingHaven’s research team.
The MSCI Greece ETF (NYSE:GREK) surged to new 18-month highs today, amid renewed hopes for continued bailouts for one of Europe’s weakest economies.
From Mike Burnick: Greece needs to sell 6 billion euros of state-controlled assets by 2018 – to fulfill terms of the country’s previous bailout – before securing more cash.
The Global X FTSE Greece 20 ETF (GREK) underperformed all other non-leveraged, non-inverse exchange traded products in the U.S. today on a percentage basis, producing a -2.62% one-day return and trailing the wider markets by a total of 2.75 percentage points.
The Global X MSCI Greece ETF (NYSE:GREK) is on watch again today, with Greek stocks plunging amid another bailout delay.
The Global X FTSE Greece 20 ETF (GREK) underperformed all other non-leveraged, non-inverse exchange traded products in the U.S. today on a percentage basis, producing a -3.3% one-day return and trailing the wider markets by a total of 3.14 percentage points.
Tyler Durden: Over 4 years ago, following the first Greek bailout when the global propaganda was pushing the Troika’s party line that Greek debt would magically become sustainable by 2022, we presented a far more skeptical analysis by Citigroup which accurately
Ron Paul: The drama over Greece’s financial crisis continues to dominate the headlines. As this column is being written, a deal may have been reached providing Greece with yet another bailout if the Greek government adopts new “austerity” measures.
The “deal that was designed to fail” has already begun to unravel. The IMF, which was expected to provide a big chunk of the financing, has indicated that it may walk away from the deal unless
There never was going to be any deal. All along, Germany has been seeking to establish conditions that would never be met so that they could force Greece out of the eurozone. But the Germans had to do this subtly so that they would end up looking
Greece is saved? All over the planet, news headlines are boldly proclaiming that a “deal” has been reached which will give Greece the money that it needs and keep it in the eurozone. But as you will see below, this is not true at all.
The wait will soon be over. Greece submitted a final compromise plan to its eurozone creditors on Thursday, European finance ministers will meet on Saturday to discuss the proposal, and an emergency summit of all 28 EU nations
Russ explains why the situation in Greece likely doesn’t pose a longer-term threat to the global economy or financial markets.